PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

Property report · census 3 Aug 2026

425128 · 2 Bedroom Apartment

Kempton Park, Unit 51 Central Point - Cnr Bosch And Kempton Roads

improved 2 bed 41 m² sectional / HOA excluded confidence low

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 17 386 balance R 93 120 by 27 Aug 2026
All-in cost R 135 507 to R 384 007 at full provisions
Discount to market -11.3% value R 344 890
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 103 467 – R 103 467
All-in ceiling R 384 007
Walk-away price R 66 782
Market value R 344 890

Firm cost at the bid floor · R 135 507

Bid price R 103 467
Sheriff's commission, incl VAT R 7 040
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 3 305
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 248 500

Municipal arrears R 80 000
Remediation R 50 000
Levy arrears R 60 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · no reserve size · pass walk away · fail ? market · review

Registered transfers nearby · 15 within 217 m

market value R 344 890 R 385 000 · 0 m · 2025 R 365 000 · 0 m · 2025 R 330 000 · 0 m · 2025 R 310 000 · 0 m · 2024 R 242 839 · 0 m · 2024 R 340 000 · 0 m · 2025 R 380 000 · 0 m · 2025 R 380 000 · 0 m · 2024 R 350 000 · 0 m · 2024 R 280 000 · 0 m · 2024 R 365 000 · 0 m · 2024 R 485 000 · 92 m · 2025 R 485 000 · 92 m · 2025 R 311 862 · 217 m · 2025 R 450 000 · 217 m · 2025 0 m 217 m

Each dot is a registered transfer: nearer is left, dearer is up.

Apartments in this suburb · average sale price by year

2019: R 385 000 across 175 sales 2020: R 392 500 across 134 sales 2021: R 400 000 across 180 sales 2022: R 400 000 across 222 sales 2023: R 390 000 across 141 sales 2024: R 380 000 across 140 sales 2025: R 360 000 across 181 sales R 385 000 R 360 000 2019 2025

Suburb context only — it corroborates a value and never produces one.

Provenance

Case opened2024
Oldest bond registered2013
The firm's live book2 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R15520 in its place.
  • the lowest bid this sale permits, R103467, is already above the R66782 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.

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